Balance of Trade
Balance of Trade
About This Event
The balance of trade for December will be released.
Previous: $-61.5B
Forecast:
The balance of trade measures the difference in value between imported and exported goods and services. Higher than expected balance of trade is bullish, while lower than expected balance of trade is bearish.
The US trade deficit narrowed to $61.5 billion in November of 2022, the lowest since September of 2020, and below forecasts of a $73 billion gap. It reflected a decrease in the goods deficit of $15.3 billion to $84.1 billion and an increase in the services surplus of $1.0 billion to $22.5 billion. Total exports were down 2% to $251.9 billion, led by falls in sales of natural gas, crude oil, nonmonetary gold, civilian aircraft and travel while shipments rose for pharmaceutical preparations, telecommunications, computer, and information services and charges for the use of intellectual property. Meanwhile, imports of goods and services declined 6.4% to $313.4 billion, due a broad-based decrease, namely pharmaceutical preparations, cell phones, crude oil, passenger cars, computers and travel. The deficit with China decreased $5.8 billion to $20.4 billion and the gap with the EU narrowed $3.6 billion to $19.5 billion. source: Bureau of Economic Analysis (BEA)
Why This Event Matters
Economic releases such as Balance of Trade are widely followed because they can shape expectations for growth, inflation, and monetary policy. Traders and investors often use these data points when assessing interest-rate outlooks, Treasury yields, and sector rotation themes. The scheduled timing is February 7, 2023 (America/New_York), subject to source updates.
Source summary: The balance of trade for December will be released.
Previous: $-61.5B Forecast:
The balance of trade measures the difference in value between imported and exported goods and services. Higher than expected balance of trade is bullish, while lower than expected balance of trade is bearish.
The US trade deficit narrowed to $61.5 billion in November of 2022, the lowest since September of 2020,...
This listing is associated with SPY. Market participants may watch these names around the event window for volatility or news flow.
Frequently Asked Questions
- What is Balance of Trade?
- It is a stock market catalyst entry on Catacal—an event or release investors and traders may monitor. Details are summarized from the cited source and may be updated over time.
- When is Balance of Trade?
- The calendar shows Feb 7, 2023 (America/New_York). Verify the exact time and any changes using the source link when planning around the event.
- Why does Balance of Trade matter for investors?
- Macro releases can influence rate expectations, yields, and sector leadership. Market participants often reassess positioning after the data.
- Which stocks or sectors could be affected?
- Symbols linked to this listing include SPY; other names in the same industry group may also move with related news.
- How is this event categorized?
- Catacal groups this entry under "Economic Data" for navigation. Categories help you find comparable catalysts and build a week-by-week watchlist.
Track Market-Moving Events
Monitor earnings, economic releases, lockups, conferences, and other catalysts that impact stocks.
View Catalyst CalendarComprehensive Calendar
Track earnings, product launches, FDA approvals, economic events, and more.
Impact Ratings
Know which catalysts have the greatest potential to impact stock prices.
Never Miss an Event
Get alerts and reminders so you're always prepared for market-moving events.
View Catalyst Calendar
Track upcoming market events